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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,795,000

Est. payment - /mo

7,017 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26186232

HOA Y/N No

Year Built 2025

Lot Size 7,017 Sqft

Property Sub-Type Quadruplex

Property Description

6461 Woodley Ave is a brand new, fully leased, NON RENT CONTROLLED 2025 six unit luxury community located in the heart of Lake Balboa. Now operating under a 36 month master lease with a professional operator, this turnkey asset delivers a true 7.52% cap rate with reliable income and basically ZERO expenses.

Set on a rapidly developing street with standout curb appeal, the
property features site MASSIVE units, four oversized 4 bedroom, 3 bathroom tri level townhomes, one equally impressive 3 bedroom, 3 bathroom unit, and one highly rentable 2 bedroom, 1 bathroom unit. All homes offer private entrances, highly functional layouts, and are separately metered for utilities. Luxury details include designer tile work, custom cabinetry, stainless steel appliances, oversized kitchens, high ceilings, balconies, large closets, and expansive windows that fill the homes with natural light. Drought tolerant landscaping, ample parking, and modern finishes further elevate tenant appeal.

Why it stands out: The boutique charm of Lake Balboa combined with central location of Van Nuys create a rental environment with consistent absorption. With a long term master lease secured by a vetted operator catering to a recession resistant medical housing niche, this investment offers immediate cash flow, hands off management, and a rare opportunity to own a trophy asset in one of the strongest rental corridors in Los Angeles.

Location

State CA

County Los Angeles

Area C24 - Northern

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Assigned

Garage Spaces 10.0

Garage Description 10.0

Pool None

Community Features Sidewalks

Total Parking Spaces 10

Private Pool No

Building

Lot Description Landscaped

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 2233026017

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Lauren Cearley Myunits.com Inc. 213-302-8662, DRE #02146823

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6461 Woodley Los Angeles, CA 91406